Archive for » January 16th, 2012«

The local athletics track-and-field competitive season will take off in the first week of February and most of the local athletes are very keen to test their 4 month pre-season training in competition. Thanks to the close collaboration with the Ministry for Gozo and to the support by the local PUMA agents, a group of [...]

The Civil Protection Department has issued a statement this evening urging motorists to avoid low-lying areas that are prone to flooding. The CPD said that according to weather information received, some parts of Malta could be hit by heavy rain overnight. “Motorists are advised to drive with caution, particularly in poor visibility and to avoid [...]

The Feast of the Conversion of Saint Paul is to be celebrated this week in Marsalforn. The full Programme of Festivities, which start on Wednesday, in honour of Saint Paul celebrated at the church dedicated to his honour in Marsalforn is as follows: Between Wednesday 18th and Friday 20th January: Solemn Triduum. 5.30pm: Recitation of [...]

Credit rating agencies (CRAs) are major players in today’s financial markets, with rating actions having a direct impact on the actions of investors, borrowers, issuers and governments. For example, a corporate downgrade can have consequences on the capital a bank must hold and a downgrade of sovereign debt makes a country’s borrowing more expensive. Despite [...]

Due to the great success of the Three Hills Maltese clocks promotion, Magro Brothers has announced that it is once again offering its clients the chance to win l-Arlogg tal-Lira. 4 beautiful hand-crafted clocks are available to be won. The clocks, better known as “l-Arlogg tal-Lira” are hand-crafted by dedicated craftsmen and are still made [...]

Bank of Valletta Visa credit card-holders have the unique opportunity to win two tickets for two separate events at the London 2012 Olympic Games. The holders of Visa credit cards issued by Bank of Valletta who effect a retail transaction of at least €25, between the 15th January 2012 and the 15th May 2012, will [...]

Short-term sentiment has driven markets at the expense of long term investment thinking during a markedly volatile 2011 says HSBC Global Asset Management. But this has created what it believes to be a potentially attractive set of investment opportunities for 2012 for those with a longer-term perspective. In its global outlook for 2012, HSBC Global [...]

The Gozo Horse Racing Association held the final of the annual sponsorship Baileys Feeds Cup at Ta’ Xhajma Horse Racing track on Sunday. During the 6th meeting which included 10 races with three cups (5) C/D 2100metre, (7) A1 2100metre and (9) A\B 2100metre, all sponsored by Baileys. The results were: Race 5 – C/D [...]

The European Central Bank has said that in the second half of 2011 a total of 310,000 counterfeit euro banknotes were withdrawn from circulation. This means that the overall quantity of counterfeits withdrawn from circulation in 2011 was 19.3% lower compared with the figures for 2010. At the same time, there was an increase of [...]

In just 4 months since the launch of Video On-Demand service,” Melita said that it has registered very encouraging customer usage patterns. OnDemand! customers have used the service more than 250,000 times during since launch with tens of thousands of hours of On-Demand content watched. The service, easily found on the Interactive TV Menu, is [...]

In December, the Harmonised Index of Consumer Prices went up by 0.3 per cent over the previous month. This primarily reflected an increase of 2.7 per cent in the Alcoholic Beverages and Tobacco Index due to higher prices of cigarettes. Seasonal price increases in garments caused the Clothing and Footwear Index to go up by [...]